# Downgrade risk: IDX plunges 12%, its steepest one-day drop in 28 years

https://mins.news/en/video/103105

- CNA, 2026-10-16 12:59 UTC
- Economy
- Original: https://www.youtube.com/watch?v=RLax9p3EZVs

> Indonesian stocks fell 12%, their sharpest single-day decline in nearly three decades, after MSCI warned it might downgrade the country from “emerging market” to “standalone” status. CNA spoke with Ari Jahja, Macquarie Capital’s head of Indonesia research.

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